Crypto Firm BitGo Posts Loss in First Earnings Report After IPO

What: Crypto firm BitGo posted a loss of **$63.4 million** in its first earnings report after going public.
Why: The loss was attributed to a decline in revenue and higher expenses.
Signal: The company's net loss per share was **$1.03**.
Target: BitGo's management expects revenue to grow by **20%** in the coming year.
Risk: The firm's stock price has dropped by **15%** since its IPO.